Accounting MCQ Challenge.

03/09/17

                 

Good Luck

1. Accounting for Intangible Assets related to- 

 AS-10
 AS-12
 AS-24
AS-26


2. Bad loans in Banking industry is referred as

NPA
PSLR
CBS
 Prime lending



3. Who is the father Accountancy

 Lucca Pacioli
Henry Feol
Tellor
Lucy


4. The Personal account is a-


 Debit Balance
Credit Balance
A or B
Nether of the above


5. World accounting Day-

1st july
22nd may
31st march
12th December


6. The regulator of the Insurance industry in India?

IRDA
SEBI
RBI
ICICI


7. Indian Accounting and auditing policy are issued by?

ICAI
SEBI
RBI
 ICCI

8. Accounting for depreciation is described in?
 AS- 06
AS- 10
AS-28
 AS-07

9. Trial Balance is a/an 

Statement
Account
Both of the above
None of the above

10. Discloser of accounting policy is described in 

AS- 10
AS-01
AS-05
AS-02

Don't Forget to comment your score.

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